The hardest college to get into in America is the California Institute of Technology. With an acceptance rate of just 8.8% and typical SAT scores between 1500 and 1600, the California Institute of Technology is America's hardest college to get into, according to a list from academic review site Niche.com.
Premium is the amount of money you have to pay for getting a particular insurance. Deductible is the amount you have bear, or which is deducted from your claim amount. Deductible can be applicable pre claim - ie. each time you place a claim or for one event- one sickness.
Seems like about half of our weekly paychecks! Jokes aside, an insurance premium is just a fancy industry term to describe the price you pay for insurance coverage for a given period of time, whether itâs one month, six months, or an entire year. How your insurance premium is determined is a whole other conversation. Just know that your credit history (insurance score), the coverage you choose and your personal history will all play a role in how much premium you end up paying.